Eni | Egypt Oil & Gas

Eni’s Q2 EBIT Doubles to €5.38 Bn as Sales Rise 32%

The Italian energy company’s Eni reported adjusted earnings before interest and taxes (EBIT) of €5.38 billion in the second quarter (Q2) of 2026, compared to €2.68 billion recorded in the same period of 2025.

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Egypt to channel Cypriot gas to Europe by 2028 after Eni, TotalEnergies approve Cronos FID

Italian Eni and French TotalEnergies have reached the Final Investment Decision (FID) to develop Cronos project, in deep waters offshore Cyprus, with the target to bring the first Cypriot gas to market in 2028.

ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project

Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap in Abu Dhabi, reinforcing the country's  energy security and its role as a reliabl ...

BMW to Fuel Corporate Fleet with Eni’s HVO Biofuel

Italian Energy giant Eni and BMW Group have signed an agreement to fuel BMW corporate fleet vehicles in Italy with Enilive's HVOlution, a hydrotreated vegetable oil (HVO) biofuel produced entirely from renewable f ...

Oil Market Risks Breaking $100, Eni CEO Warns

Claudio Descalzi, CEO of Italy’s state‑controlled energy group Eni, warned that if the Middle East conflict drags on, the global oil market will break out of its current $80–$100 band by early 2027, fueling inflat ...

Eni, NOC Bring Sabratha Compression Project Online to Boost Libya’s Gas Production

The energy major, Eni, in partnership with Libya's National Oil Corporation (NOC) through the Mellitah Oil & Gas joint venture (JV), has started hydrocarbon production from the Sabratha Compression Project, an off ...

Harbour Energy Commits Initial $6 Mn for Desouq, Eni Renews Port Fouad Deal

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a new agreement with British Harbour Energy and a memorandum of principles (MoP) with Italy's Eni, in a move aimed at attracting fr ...

Eni, PETRONAS Launch Searah JV with Over 300,000 boe/d Initial Production

Eni and PETRONAS have officially established Searah, a new 50/50 independent joint venture (JV) combining selected upstream assets in Indonesia and Malaysia, following the completion of all regulatory approvals an ...

Sinai Offshore Fields Post Highest Daily Production Since 2017

Crude oil production from the Sinai Offshore Fields has reached its highest daily level since 2017, with output averaging around 27,000 barrels per day (bbl/d), a milestone that underscores the effectiveness of on ...

Eni, Seri Industrial Develop Lithium Iron Phosphate Battery Supply Chain in Italy

Eni Industrial Evolution, a subsidiary of Italian energy major Eni, has signed an agreement with FIB, a subsidiary of battery manufacturer Seri Industrial Group, to jointly develop an integrated industrial supply ...

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